Outstanding Income & Advance income - Will it be shown in
P&L..? In b/s which side, it will be shown..?
Answer Posted / kuoc maluac
. Individual companies can also accrue income without
actually receiving it, which is the basis of the accrual
accounting system.
| Is This Answer Correct ? | 5 Yes | 0 No |
Post New Answer View All Answers
what is different between leaser of subsidary book and journal?
Entry Tax is Central Income or State Income. Which Challan this tax deposited ? In Sale Tax Return which column is shown this tax
Explain the concept of responsibility accounting
During execution of Works Contract,If Contractee(Customer) supply goods to contractor, then it should be shown in Invoice as deduction or no need to show in Invoice.
What is the difference between perpetual and periodic inventory systems?
our cheque to Arshad Khan was dishonored?
when receieve cheque from a party and we deposite cheque in bank how do this entry
what is special purpose ledger in SAP.. is it required to configure in ECC 6.0 since New GL concept is active?
what is the enty for contract bill raised?
Explain things that fall under intangible asset?
We bought some machines from Singapore (capital goods), payment made in rupees. but the invoice value is mentioned as USD. 1. party ledger shows (debit side) amount in rupees. now i need to make purchase entry. 2. shall i want to convert USD to rupees? 3. if i do like that the party ledger will be differ.. 4. somebody pls tell me the way to make purchase entry.
What is WCT ? Who will Resposible for deposit WCT Means TDS Deductor or Material supplier. Is TDs applicable on WCT. Who will responsible for deposit WCT. I Am New For this Field. Thanks in advance...
what is the difference between profit center area and business are.? please make me clear.
what is the performa of bank reconcilation ? i want to need it and also i want to know about tds entry for various sources such as rent,contractor, commission, etc. and how we make the tds return, please tell me its very urgent?
If a transaction was missed completly how do you find it?